A Major Benefit of Automatic Stabilizers Is That They

question 64

Multiple Choice

A major benefit of automatic stabilizers is that they:

• A)guarantee a balanced budget over the course of the business cycle.
• B)have a tendency to reduce the national debt.
• C)help increase recessionary gaps in the economy.
• D)moderate the effect of fluctuations in the business cycle.
• E)require legislative review by Congress before they can be implemented.

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Definitions:

Top-Down Perceptual Processes

Cognitive processes that involve using previous knowledge, expectations, and experiences to interpret and understand sensory information.

Template Matching

A technique in pattern recognition in which a predefined template or pattern is compared with potential matches.

Prototype Matching

A cognitive process where new items are compared to an idealized or average category member to make recognition or classification decisions.

Gibson's Theory

A theory of perception that emphasizes the importance of environmental affordances and direct perception, proposed by psychologist James Gibson.